Extreme energy drinks were the highest selling product category in convenience stores in Canada, followed by salty snacks and flavored soft drinks. Each of these products had positive growth in sales last year, but the product with the highest sales growth was meat sticks and beef jerky, at nine percent. Many convenience stores are also gas stations, and make a portion of their revenue from selling fuel. However, retail sales of gasoline stations are substantial and amounted to over 65.3 billion Canadian dollars in sales for 2019 alone.
Canada has several influential players in the retail industry, including Loblaw Companies Limited, which had over 35 billion Canadian dollars in revenue in 2018. In recent years, Alimentation Couche-Tard became a more prominent player as well, recording revenue of over 59 billion U.S. dollars in 2019. The Canadian corporation owns well-known brand names such as Circle K and Couch-Tard, and has over 15,000 locations worldwide.
Consumers tend to visit convenience stores on a weekly basis, spending an average of five to ten Canadian dollars per visit. Shoppers purchased lottery tickets, fuel, and packaged salty snacks more than any other product. Proximity is the strongest factor shoppers consider when visiting a convenience store, really driving home the meaning of the name of convenience stores.